Binance Launches Section to Allow Selected Traders to Invest in DeFi Tokens
Main page News, Binance, Cryptocurrency Exchanges, DeFi
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22 September
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Crypto trading platform Binance has just announced the creation of the "Innovation Zone," a special section that will allow certain traders to trade new DeFi tokens.

According to the official press release, the aim of this measure is to filter platform users according to their appetite for risk. Users interested in accessing this section must first answer two very explicit questions.

The first will ask users if they are willing to assume losses of 50% or more of their funds, while the second asks if they are willing to take responsibility for their own losses.

Users who do not give a positive answer to both questions will be unable to access this new section, so they will not be able to trade the new DeFi tokens the platform may list in the future.

Binance CEO Changpeng Zhao said:

"In order for exchanges to stay competitive, we need to list popular coins. As always, DYOR (do your own research). Some of the projects may do incredibly well, but most will likely not."

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